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Brien Lundin & KER QuickTake – From Conference Euphoria to Metal Mayhem: Metals Volatility, Stock Valuations, Rotation Trades

Cory
February 7, 2026

 

This Weekend Show pairs Brien Lundin (Gold Newsletter) with Cory & Shad’s MarketQuick Take to unpack the same question from two angles: was the silver/gold surge a true breakout… or a blow-off top? From conference-floor euphoria and record volume to a historic, gut-wrenching reversal, this Weekend Show digs into what this volatility really means, and how investors can survive (and potentially benefit) from the chop ahead.

 

  • Segment 1 & 2 – Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, kicks off the show to discuss the sharp correction and extreme volatility in gold and silver, why a period of consolidation is likely, and how investors should think about sentiment, valuations, and opportunity in precious metals stocks going forward. He also shares a number of junior stocks with drill programs and near term news he is watching closely. 
  • Click here to learn more about the Gold Newsletter.https://goldnewsletter.com/

 

  • Segment 3 & 4 – Cory Fleck and Shad Marquitz recap their takeaways from Vancouver’s Metals Investor Forum and VRIC – highlighting the packed, euphoric “high-fives and hugs” sentiment as gold and silver hit record highs – then dig into the sudden, historic post-conference selloff, what it signals about fading momentum and profit-taking, and why they’re watching for a rotation of capital from precious metals into copper, energy metals, and oil & gas.

 

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

 

 

 


Brien Lundin
KER QuickTake
Discussion
36 Comments
      Feb 07, 2026 07:14 AM

      Hi Tony, George Costanza on Seinfeld is such an annoying character. He lies about everything and then likes to pretend he is a big shot! Good One! LOL! DT 🤣🤣🤣

      Feb 07, 2026 07:26 AM

      Nixon started it all and now Wall Street and The Central Bankers get all the money from The Federal Reserve. They will not complain about the hand that feeds them. Wall Street buoys the markets by putting a massive amount of money into a few stocks for control like “The Magnificent Seven” and The Central Bankers buy 1000’s of tonnes of Gold Bullion because they realize the real economy doesn’t reflect the overblown financialization of the stock market, and they are scared. The little guy can’t afford a home anymore, he gets peanuts and a cell phone so they can control and wire his brain. LOL! DT 😊

        Feb 07, 2026 07:59 PM

        “I don’t have to think. My smart phone tells me what to do.” — someone

    BDC
    Feb 07, 2026 07:04 AM

    https://www.tradingview.com/x/NEzTi0LJ/
    DOLLAR : Significant Resistance

    Feb 07, 2026 07:10 AM

    When majority of the investing community is obsessed with Gold and Silver, transportation stocks absolutely killing it right now. LUV, DAL, UNP, WAB in super strong uptrend.

      Feb 07, 2026 07:03 AM

      Energy is set for a great year. This is a monthly chart but CTRA just had its best weekly close ever on its best volume in years…
      https://schrts.co/sRtchHJn

        Feb 07, 2026 07:09 PM

        Hi Matthew. RIG made a nice advance too. Didn’t buy it at the bottom, but still trade was ok. All the best.

          Feb 07, 2026 07:38 PM

          Hi Alex, I’m glad you brought up RIG, I will be watching it.
          https://schrts.co/GRYxRBWE

            Feb 08, 2026 08:20 PM

            Thank you very much, Matthew, for the RIG chart with three resistances lines. Best regards.

            Feb 08, 2026 08:20 PM

            You’re welcome, Alex. Best to you.

        Feb 07, 2026 07:10 PM

        Thanks Matthew, I don’t own CTRA but chart looks fabulous. I will probably buy next week. I own CVX, FANG, SU, EGY, SLB and no interest in selling these positions anytime soon.

      Feb 07, 2026 07:14 AM

      LUV is up 56% since breaking out 3 months ago…
      https://schrts.co/kRAKIqEm

    Feb 07, 2026 07:57 AM

    Silver:Gold weekly:
    https://schrts.co/CxudBwyD

    Feb 07, 2026 07:28 PM

    Copper:Gold is sitting on the same huge fork support that held in 2008 and 2020. If it breaks, it will probably drop another 50%.
    https://schrts.co/mzwQnQpy

      Feb 07, 2026 07:41 PM

      Do you think it will break or hold? if we go into a depression I would sure prefer gold to copper.

        Feb 07, 2026 07:23 PM

        I have a feeling it will break. We’re in a debt crisis and inflation is already masking massive deflation. That’s why gold hit 88 barrels of oil recently. In 2008, it was as low as 6 barrels. Exter’s Pyramid tells the story.
        Copper:Gold is currently below its 1980 low and that was the end for that gold bull while this one is nowhere near the end.
        To be clear, I am confident that copper will be rising against the dollar while it continues it its fall against gold.

      Feb 07, 2026 07:12 PM

      If it breaks it will be a “Deflationary Depression”, instead of “Inflationary”, I believe they will bring on hyperinflation by continuing to massively print and sacrifice the dollar and then introduce a Central Bank Digital Currency.

    BDC
    Feb 08, 2026 08:12 AM

    https://www.tradingview.com/x/O6lcmyvW/
    ETHEREUM : Crypto Bottom?

    BDC
    Feb 08, 2026 08:56 AM

    https://www.tradingview.com/x/duYnwYLu/
    SILVER : Double Down : Bottom?

    Feb 08, 2026 08:37 AM

    Interesting interview with Gary Savage
    https://m.youtube.com/watch?v=4jgWF0qmou4

    He expects Gold move to $10.000+ and Silver to $500 in the next wave

    His sell recommendation – not sell before

    Gold/Silver 25-30
    Dow/Gold 3-4

    BDC
    Feb 08, 2026 08:41 AM

    https://www.tradingview.com/x/ZtbNnpwb/
    SILVER : Awaiting Sunday Night

    Feb 08, 2026 08:26 AM

    PAAS should be trading in $100s with regards to Silver price.
    https://www.tradingview.com/x/8caCC0gp/

    Feb 08, 2026 08:13 AM

    So…About That Chinese Silver Short Whale

    John Rubino – Substack – Feb 08, 2026

    https://rubino.substack.com/p/soabout-that-chinese-silver-short

    Feb 08, 2026 08:18 PM

    Once again, few are bullish enough about the silver miners. Take a look at SILJ; it has held up extremely well considering silver’s near halving. It’s nothing but a good thing to get those two weekly January gaps filled and reset sentiment.
    https://schrts.co/btZqWgRa

    Being mostly human myself, I’m probably not bullish enough either.

    Feb 08, 2026 08:19 PM
    BDC
    Feb 09, 2026 09:14 AM

    https://www.tradingview.com/x/u9xwcwD1/
    SILVER : Now At The Cusp

    Feb 09, 2026 09:56 AM

    Added to Vizsla VZLA @ $4.20

    Feb 09, 2026 09:14 AM

    The 30 year T bond closed lower for 4 years straight, 2021-2024. The last time it even had back-to-back down years was over 40 year earlier, 1980-81. This bond bear is the reason no gold bull since the 1970s should be compared to the current gold bull. So it should be understood that the real bull market right now is in the monetary metals since they are the pure anti-debt plays. From their 1971 lows to their 1980 highs, gold went up 2,100% while silver went up almost 3,800%. What did copper do? 196%. It tripled. Oil, with all the noise and headlines surrounding it (to distract the masses from the real problem) managed roughly 1,000%. In other words, it was cut in half against gold and fell by roughly 72% against silver.
    The CRB priced in gold is back to its 2020 crash low for good reason BUT it does look ready to outperform again now that it has been crush by gold for almost 4 years.
    https://schrts.co/EvIGPmQw